Common use of Possession of the Collateral Clause in Contracts

Possession of the Collateral. Debtor shall deliver all investment securities and other instruments, documents and chattel paper which are part of the Collateral and in Debtor's possession to Bank immediately, or if hereafter acquired, immediately following acquisition, appropriately indorsed to Bank's order, or with appropriate, duly executed powers. Debtor waives presentment, notice of acceleration, demand, notice of dishonor, protest, and all other notices with respect thereto.

Appears in 8 contracts

Samples: Security Agreement (Closure Medical Corp), Security Agreement (Petmed Express Inc), Security Agreement (Rent a Wreck of America Inc)

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Possession of the Collateral. Debtor shall deliver all investment securities and other instruments, documents and chattel paper which are part of the Collateral and in Debtor's ’s possession to Bank immediately, or if hereafter acquired, immediately following acquisition, appropriately indorsed to Bank's ’s order, or with appropriate, duly executed powers. Debtor waives presentment, notice of acceleration, demand, notice of dishonor, protest, and all other notices with respect thereto.

Appears in 1 contract

Samples: Security Agreement (Fountain Powerboat Industries Inc)

Possession of the Collateral. Debtor shall deliver all investment securities and other instruments, documents and chattel paper which are part of the Collateral and in Debtor's possession to Bank Lender immediately, or if hereafter acquired, immediately following acquisition, appropriately indorsed to BankLender's order, or with appropriate, duly executed powers. Debtor waives presentment, notice of acceleration, demand, notice of dishonor, protest, and all other notices with respect thereto.

Appears in 1 contract

Samples: Loan Agreement (Medical Technology Systems Inc /De/)

Possession of the Collateral. Debtor Upon request by the Bank, debtor shall deliver all investment securities and other instruments, documents and chattel paper which are part of the Collateral and in Debtor's Debtors possession to Bank immediately, or if hereafter acquired, immediately following acquisition, appropriately indorsed to Bank's order, or with appropriate, duly executed powers. Debtor waives presentment, notice of acceleration, demand, notice of dishonor, protest, and all other notices with respect thereto.

Appears in 1 contract

Samples: Loan Agreement (Opnet Technologies Inc)

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Possession of the Collateral. Debtor shall deliver all investment securities and other instruments, documents and chattel paper which are part of the Collateral and in Debtor's ’s possession to Bank Lender immediately, or if hereafter acquired, immediately following acquisition, appropriately indorsed to Bank's Lender’s order, or with appropriate, duly executed powers. Debtor waives presentment, notice of acceleration, demand, notice of dishonor, protest, and all other notices with respect thereto.

Appears in 1 contract

Samples: Security Agreement (Tri-S Security Corp)

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